Payday Loan Laws

Kansas Payday loan laws. Kansas Payday loan legislation.

15% of the payday loan amount.

Minimum term of 7 days and a maximum term of 30 days. Maximum cash advance amount allowable is $500. Rollovers are prohibited.

For a thorough discussion of the payday loan industry and access to our payday loan training materials, we recommend you proceed to Payday and Paycheck

Kansas Payday Loan Laws & LegislationState Information

Legal Status: Legal

Kan. Stat. Ann. 16a-2-404

Loan Terms:
Maximum Loan Amount: $500
Loan Term: 7-30 days
Maximum Finance Rate and Fees: 15%
Finance Charge for 14-day $100 loan: $15
APR for 14-day $100 loan: 390%

Debt Limits:
Maximum Number of Outstanding Loans at One Time: Two
Rollovers Permitted: Not Specified
Cooling-off Period:
Repayment Plan:

Collection Limits:
Collection Fees: One NSF fee
Criminal Action: Prohibited

Regulator: Office of the State Bank Commissioner
Address: 700 SW Jackson, Suite 300 Topeka KS 66603
Phone: (785) 296-2266
Fax: (785) 296-0168
Regulatory Contact: Kevin C. Glendening,, Deputy Commissioner, Division of Consumer and Mortgage Lending
Regulator Website

Licensee Database

Online Resources:
Order Brochures such as Facts for Consumers - High-Rate, High-Fee Loans